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Business

Foreign news in brief

Business

CEOs give Pak Lah the thumbs-up

THE country's captains of industry have given the thumbs-up to Prime Minister Datuk Seri Abdullah Ahmad Badawi, with most of them saying they are confident he would take Malaysia to greater heights.

Business

Company results

Highlights on: LAFARGE MALAYAN CEMENT BHD; PETRONAS DAGANGAN BHD; WAH SEONG CORP BHD; MITRAJAYA HOLDINGS BHD; ANN JOO RESOURCES BHD; HONG LEONG CREDIT BHD; RANHILL BHD; CEMENT INDUSTRIES OF MALAYSIA BHD; IDRIS HYDRAULIC (M) BHD; PASDEC HOLDINGS BHD; NAM FATT CORP BHD; LAND GENERAL BHD; HOCK SIN LEONG GROUP BHD; UNIPHOENIX CORP BHD; PICA (M) CORP BHD

Business

Versus the CI

P.W. Thong writes on Hong Leong Bank, RPB, Jusco, Lafarge and Malakoff.

Business

Blue-chip buying lifts CI by 6 points

FRESH buying interest in blue-chip stocks helped send the KLSE Composite Index (CI) up 5.82 points or 0.78% yesterday to 748.55 - its highest close since Sept 9.

Business

Outlook brightens for local cement industry

AFTER facing years of over-capacity and stagnant growth, players in the local cement industry could possibly be seeing better days, with an industry group forecasting a 23% jump in demand this year.

Business

Lafarge sees China as high-growth, but difficult market

FRANCE's Lafarge SA, a world leader in building materials with significant operations in Malaysia, sees China as one of its potentially high-growth areas in Asia, despite difficult market conditions and investment returns below the group's average, said chief executive officer Bernard Kasriel.

Business

Lafarge’s 49% drop in H1 profit sharper than expected

French company Lafarge, the world's No. 1 cement maker, reported a sharper-than-expected 49% drop in first-half net profit yesterday, hurt by the euro's strength and bad weather.

Business

Lafarge Malayan Cement second quarter profit up 125%

LAFARGE Malayan Cement Bhd (LMCB) has delivered a good set of financial numbers for the second quarter ended June 30, with pre-tax profit surging 125% to RM51.9mil from RM23mil in the corresponding quarter last year.

Business

News in brief

News in brief on Nylex, Lefarge, Oriental Holdings, Suiwah and Safeguards.